Support Board
Date/Time: Fri, 22 Nov 2024 16:38:21 +0000
Alert on increasing volume on the ask
View Count: 145
| [2024-10-07 22:25:14] |
| John"The"Doe - Posts: 1 |
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Hi, I would like to have an alert for example for 5 (or more) price levels with increasing volume on the ask or on the bid. Preferably at the bottom or the top of the bar. Example in attachment, highlighed in yellow. Thanks in advance |
 Example ask price levels.png / V - Attached On 2024-10-07 22:22:54 UTC - Size: 38.57 KB - 31 views |
| [2024-10-08 13:55:30] |
| John - SC Support - Posts: 36221 |
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The Simple Alerts have the ability to access the Total, Bid, and Ask volumes at each price level. Refer to the following: Study/Chart Alerts And Scanning: Special Functions Therefore, to get an alert when the bottom 3 levels of a bar have increasing Ask volumes your alert would be the following: =AND(AVAP(L + TICKSIZE, 0) > AVAP(L, 0), AVAP(L + TICKSIZE * 2, 0) > AVAP(L + TICKSIZE, 0), AVAP(L + TICKSIZE * 3, 0) > AVAP(L + TICKSIZE * 2, 0)) Where 'L' is the shorthand in the alerts for Low, and TICKSIZE is the Tick Size of that chart. We leave it to you to expand out the statement for 5 levels and to work out the formula for the Bid starting from the High (H). For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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